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1948 Silver Dollars

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Author Previous TopicReplies: 12 / Views: 2,174Next Topic  
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Colhand1's Avatar
United States
629 Posts
 Posted 02/06/2012  09:24 am Show Profile   Bookmark this topic Add Colhand1 to your friends list Get a Link to this Message Number of Subscribers
I am on ebay all the time and honestly there doesn't seem to me to be many of these dollars sold at auction. I see other $1's offered all the time. Are people just holding on to these waiting for that magic moment in value appreciation or are they truly scarcer than their population would suggest?
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Canada
9871 Posts
 Posted 02/06/2012  09:42 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
There are 10 BIN '48 dollars listed on ebay,not scarce at all,just overvalued.
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swrbxxx's Avatar
Canada
834 Posts
 Posted 02/06/2012  10:00 am  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
Like DBM said not scare at all.
My local dealer has 7 in stock all ICCS graded
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Canada
9871 Posts
 Posted 02/06/2012  10:14 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
The '47 maple leaf dollar has simlar mintage(and likely survival rate),yet it's priced at one third of a '48 dollar.Fifty years ago the maple leaf and the '48 were priced about the same.In the coin boom of the early 60's,hype and speculation drove up the price of the '48 and it never settled back down to the reality.It has now become Canada's traditional overpriced coin.
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Canada
9871 Posts
 Posted 02/06/2012  10:40 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Curious to know everyone's opinion on this;
a)is the '48 dollar overvalued?
b)is the '47 maple leaf dollar undervalued?
c)both?
d)neither?
e)don't care?
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swrbxxx's Avatar
Canada
834 Posts
 Posted 02/06/2012  10:49 am  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
I'd go with B) with a mintage of 65 595 and 9 varieties the 1947 is way undervalued
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 02/06/2012  11:05 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
I'm going to say C, the '48 is way overvalued and, the '47 is undervalued.
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Canada
9871 Posts
 Posted 02/06/2012  11:07 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
'47 maple leaf, mintage 21,135, MS63 $1000
'48, mintage 18,780, MS63 $3200
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SPP-Ottawa's Avatar
Canada
10463 Posts
 Posted 02/06/2012  1:10 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
The 1948 dollar is almost as overrated as Dion Phaneuf...

http://www.tsn.ca/nhl/story/?id=384805
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Colhand1's Avatar
United States
629 Posts
 Posted 02/06/2012  2:14 pm  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
I do believe that the 48 dollar is overvalued. I don't have one, therefore it is overvalued. Perhaps I will change my mind once I get one. LOL But I am not actively pursuing getting this coin.
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Colhand1's Avatar
United States
629 Posts
 Posted 02/06/2012  2:16 pm  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
So the 1948 dollars that are available are Buy it Now. I prefer to buy using the auction and there is where the availability of this coin tends to be scarce.
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54dollarcoin's Avatar
Canada
475 Posts
 Posted 02/06/2012  6:23 pm  Show Profile   Bookmark this reply Add 54dollarcoin to your friends list Get a Link to this Reply
You can buy a 1948 dollar in just about anu grade better than ef any day of the week. Of the 18,780 that were struck all 250000 still seem to be around! ! The reason that the similiar minted 1947 Maple Leaf seems to under priced is that a lot of Silver Dollar collectors just want a single example of each date. No Demand no big price! I personally believe that 1947 ML dollars and those of 1945 and to some degree nice 1946 dollars are underrated and underpriced. BTW in MHO 1948 Dollars are way overpriced!
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United States
467 Posts
 Posted 02/07/2012  7:58 pm  Show Profile   Bookmark this reply Add justanothercoinaddict to your friends list Get a Link to this Reply
The 1948 dollar is the 1909-S VDB Lincoln Cent of the Canadian coin realm. Overpriced and readily available. Still, I'd like to have one, and a 1909-S VDB too for that matter :)
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